About Axles India Limited
Data last updated: 18 February 2026
Axles India Limited is a public limited company based in Chennai, Tamil Nadu, India. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 18 February 1981, the company has been in operation for over 45 years.
Registered with ROC Chennai under CIN L27209TN1981PLC008630.
Capital: an authorised share capital of ₹32 Cr and a paid-up capital of ₹25.48 Cr. It is led by directors including Niveditaram and Rafael Ricardo Aquique Pinedo.
Last AGM: 25 August 2025. Financial statements filed for year ended 31 March 2025. Office: 21 Patullos Road Madras, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2025, the company reported a revenue of ₹846.78 Cr, a decline of 1% compared to the previous year.
The company has a workforce of approximately 999 employees as per the latest available data.
The company is associated with 1 brand - Axles India. As per MCA filings, the company has open charges of ₹110 Cr and satisfied charges of ₹343.2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axlesindia.com.
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Registered Address21 Patullos Road Madras, Chennai, Tamil Nadu, India – 600002
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Axles India Limited
Axles India Limited has one previous CIN (Corporate Identification Number): L27209TN1981PLC008630. The current CIN is U27209TN1981PLC008630, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27209TN1981PLC008630 | Current |
| L27209TN1981PLC008630 | Previous |
Associated Brands with Axles India Limited
Axles India Limited operates one associated brand: Axles India. These brands represent Axles India Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Axles for medium and heavy-duty commercial vehicles are manufactured. | axlesindia.com |
Competitors & Alternatives of Axles India Limited
Brands and companies operating in the same space as Axles India Limited include Happy Forgings, Gates, Dana and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Happy Forgings
|
Drive transmission components are manufactured and supplied. | Ludhiana, India, India | 1973 |
Gates
|
Transmission components are manufactured and supplied to the aftermarket. | Denver, United States, United States | 1911 |
Dana
|
Driveline technologies and components for electrified light vehicles are supplied. | Maumee, United States, United States | 1904 |
Ricardo
|
Drive transmission components are manufactured and supplied to OEMs. | - | 1915 |
Divgi TorqTransfer Systems
|
Automotive transmission systems are manufactured and supplied to OEMs. | Pune, India, India | 1995 |
New Motion Labs
|
Automotive transmission systems are manufactured by New Motion Labs. | London, United Kingdom, United Kingdom | 2019 |
Imperial Auto
|
Manufacturer and assembler of fluid transmission products and high & low pressure hose assemblies | Faridabad, India, India | 1969 |
Ring Plus Aqua
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Gears and automotive components are manufactured and supplied. | Thane, India, India | 1984 |
Cloyes
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Timing drive systems and gear parts for automobile manufacturers | Fort Smith, United States, United States | 1921 |
Business Activity of Axles India Limited
Axles India Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | ********* |
Board of Directors of Axles India Limited
Axles India Limited is currently managed by 10 directors, with 29 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niveditaram | Director | 24 Jul 2024 | 1 Years 11 Months | Current |
| Rafael Ricardo Aquique Pinedo | Director | 21 Dec 2011 | 14 Years 6 Months | Current |
|
Viji Sriram
Also directs:
Tsf Investments Limited, Sundaram Composite Structures Private Limited, Carborundum Universal Limited and 5 more
|
Additional Director | 24 Oct 2025 | 0 Years 8 Months | Current |
| Madhavan Varadarajan | Managing Director | 06 Jul 2016 | 10 Years 0 Months | Current |
|
Priyamvada Ramkumar
Also directs:
Tsf Investments Limited, Veritas Finance Limited
|
Director | 25 Aug 2025 | 0 Years 10 Months | Current |
|
Santhanam Ram
Also directs:
Wheels India Limited, India Motor Parts & Accessories Limited, T.V. Sundram Iyengar & Sons Private Limited and 1 more
|
Director | 18 Feb 1981 | 45 Years 4 Months | Current |
Financials of Axles India Limited FY 2025 filings available
Axles India Limited reported revenue of ₹846.78 Cr (down 1% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
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| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
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| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
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| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
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| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
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| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
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| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
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| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings of Axles India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2023 | Hdfc Bank Limited | ₹20 Cr | Open |
| 09 Apr 2019 | Hdfc Bank Limited | ₹90 Cr | Open |
| 06 Nov 2014 | Ing Vysya Bank Limited | ₹10 Cr | Satisfied |
| 27 Jan 2010 | Indian Overseas Bank | ₹10 Cr | Satisfied |
| 27 Jan 2010 | Indian Overseas Bank | ₹74.5 Cr | Satisfied |
Total charge records: 45 View all charges
Employees and EPFO Compliance at Axles India Limited
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Employee Count & EPFO Data of Axles India Limited
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GST Compliance of Axles India Limited
GSTIN & GST Filing Data of Axles India Limited
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Credit Ratings, Litigation & Regulatory Alerts for Axles India Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Axles India Limited
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MSME Payment Delays by Axles India Limited
MSME Payment Delays by Axles India Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Axles India Limited
Subsidiaries & Group Companies of Axles India Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Axles India Limited with ownership details.
MCA Filings & Documents of Axles India Limited
MCA Filings & Documents of Axles India Limited
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Recent Activity on Axles India Limited
Recent News on Axles India Limited
Frequently Asked Questions about Axles India Limited
Axles India Limited is an active public limited company in the automotive sector based in Chennai, Tamil Nadu, India. It was incorporated on 18 February 1981 (45+ years old) and is registered under CIN U27209TN1981PLC008630. The company has 999 employees.
Axles India Limited reported revenue of ₹846.78 Cr for FY 2025 (down 1.00% YoY).
The current directors of Axles India Limited are:
- Niveditaram
- Rafael Ricardo Aquique Pinedo
- Viji Sriram
- Madhavan Varadarajan
- Yegnanarayanan Krishnamoorthy
- Bharathi C
- Priyamvada Ramkumar
- Santhanam Ram
- Srivats Ram
- Bharathi Chellappa
The primary industry of Axles India Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Axles India Limited can be reached at the registered office: 21 Patullos Road Madras, Chennai, Tamil Nadu, India – 600002, or through the website axlesindia.com.
The authorised capital is ₹32 Cr, and the paid-up capital is ₹25.48 Cr.